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Digitized Procurement: Your Setting-off Point to Autonomy

Jaggaer

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

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Parts Are Not Parts

Supply Chain Shaman

Today, over 90% of companies have deployed ERP and APS, but as shown in Table 1, inventory levels have grown not decreased in over 80% of industries studied. And, while inventories in automotive have decreased slightly, this progress is primarily due to the shifting of inventory back to suppliers versus overall value chain improvement.

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How Do We Heal the Healthcare Value Network?

Supply Chain Shaman

Last week, at Supply Chain Insights , as part of our monthly webinar series, I hosted a panel discussion on the current state of the healthcare value network. Hosting this webinar series is one of the favorite parts of my job as the Founder of Supply Chain Insights. It is rising inventory levels. Current State: Costs are rising.

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Taking the Hill

Supply Chain Shaman

Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” When companies look at singular metrics (labor costs or inventory), they have moved backwards. We hope to see you on our upcoming webinar series as we share more on the Supply Chain Index.

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Electronic Data Interchange or EDI in Transportation: Breaking Down What it is and How It Works

GlobalTranz

Its application has expanded from enabling the electronic exchange of purchase orders, acknowledgments and invoices to include global procurement and sourcing.T. Later, while working for DuPont, he developed the first standardized electronic messages in the early 1960s to be sent between DuPont and Chemical Leaman Tank Lines.

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

The chemical industry is the first to feel a recession, and the early travel freezes is a definite caution flag. For the CFO, end-to-end is a focus on transactional flows like order-to-cash and procure-to-pay. For example, demand planning does not flow to procurement or transportation. Current Levels of Inventory.